Based on the principle of voltage source inverter, YTPQC-ASVG Advanced Static Var Generator uses insulated gate bipolar transistor (IGBT) to control the magnitude and phase of inverter AC voltage, so as to achieve the purpose of reactive power, harmonic and imbalance compensation. Because the switching frequency of IGBT is very high (up to 25.6kHz), ASVG can compensate rapid reactive loads and achieve quite high compensation accuracy. ASVG have the best cost performance with the function of reactive power and harmonics control.